Latest Minerals Development News

Anax Metals has completed a $2.4 million strategic placement with mining group Gold Valley at a 37.5% premium, while securing a $3.5 million loan to repay convertible notes, positioning the Whim Creek copper project for near-term development.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a globally significant palladium-nickel-copper mine in Western Australia, boasting robust returns and a rapid payback period.

Pioneer Lithium has confirmed significant high-grade tungsten and gold mineralisation at its North Pine Project in Idaho, revealing two distinct mineral systems at the Springfield Prospect and a new polymetallic target at Silver Cliffs.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario, boosting its landholding by 25% and advancing exploration with promising high-grade lithium intercepts. The company also secured a strategic partnership to evaluate cutting-edge solid-state lithium-ion battery technology, positioning itself for the anticipated lithium market rebound.

Green Technology Metals advances its Ontario lithium projects with a streamlined environmental footprint and strong government backing, positioning for a lithium market recovery in 2026.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Kuniko Limited has completed a key airborne geophysical survey and begun field sampling at its Commonwealth Gold-Silver Project in NSW, setting the stage for maiden drilling in early 2026. These steps fulfill joint venture commitments and maintain licence status in a prolific mineral region.

Tivan Limited has initiated a comprehensive program of works at its recently acquired Molyhil Tungsten-Molybdenum Project, setting the stage for drilling and resource expansion in early 2026.

Marquee Resources has entered a non-exclusive collaboration with Chinese metallurgical leader Yantai Jinao to advance testwork and commercial pathways for its Mount Clement Antimony Project in Western Australia.

Mont Royal Resources has re-listed on the ASX following a merger with Commerce Resources, bringing the Ashram Rare Earth and Fluorspar Deposit in Québec to the forefront of North American critical minerals development.

Tivan Limited and Sumitomo Corporation have signed a Memorandum of Understanding to explore collaboration on the Molyhil Tungsten-Molybdenum Project in Australia's Northern Territory, marking their third joint initiative in critical minerals development.